Setpoint, a fintech company focused on modernizing credit infrastructure, has secured $31 million in Series B funding. Led by 645 Ventures and including investments from Citi, Wells Fargo, and Andreessen Horowitz, this round boosts Setpoint's total funding to $76 million.
The company aims to replace outdated credit management methods with its innovative software platforms, enhancing accuracy and efficiency in financial transactions. The new funds will fuel advancements in machine learning and data science to further improve their systems.
